For Lease · Industrial

100 & 102 375 LYNN AVENUE, North Vancouver

100 & 102 375 LYNN AVENUE, North Vancouver, BC V7J2C4

$20 Yearly

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

87%

Year Built

2009

Clear height

23 ft

Loading docks

2

About this property

Opportunity An exceptional opportunity to lease 7,247 sf of high-ceiling industrial warehouse space in North Vancouver, complete with an in-unit crane. A rare opportunity for users needing overhead lifting capacity on the North Shore. Location This property is located just north of Main Street on Lynn Avenue. Close proximity to the Iron Workers Memorial Bridge and the Phibbs Exchange Bus Loop. Amenities nearby include Canadian Tire, MEC and Park and Tilford Shopping Centre along Brooksbank Avenue. (id:66811)

Financial sandbox

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Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.97%

DSCR

0.79

Going-in cap

4.35%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

88,456

Households

39,639

Median income

$63,500

Median age

39.3

Daytime population

104,863

5-yr growth

2.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 100 & 102 375 LYNN AVENUE, North Vancouver.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.